GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing Changjiu Logistics Corp (SHSE:603569) » Definitions » Change In Receivables

Beijing Changjiu Logistics (SHSE:603569) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Beijing Changjiu Logistics Change In Receivables?

Beijing Changjiu Logistics's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Beijing Changjiu Logistics's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Beijing Changjiu Logistics's change in receivables for the fiscal year that ended in Dec. 2023 was ¥245 Mil. It means Beijing Changjiu Logistics's Accounts Receivable declined by ¥245 Mil from Dec. 2022 to Dec. 2023 .

Beijing Changjiu Logistics's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,225 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Beijing Changjiu Logistics's Days Sales Outstanding for the three months ended in Mar. 2024 was 123.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Beijing Changjiu Logistics's liquidation value for the three months ended in Mar. 2024 was ¥-814 Mil.


Beijing Changjiu Logistics Change In Receivables Historical Data

The historical data trend for Beijing Changjiu Logistics's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Beijing Changjiu Logistics Change In Receivables Chart

Beijing Changjiu Logistics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.78 42.84 -110.64 -5.03 244.58

Beijing Changjiu Logistics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Beijing Changjiu Logistics Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Beijing Changjiu Logistics  (SHSE:603569) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Beijing Changjiu Logistics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1224.9/902.783*91
=123.81

2. In Ben Graham's calculation of liquidation value, Beijing Changjiu Logistics's accounts receivable are only considered to be worth 75% of book value:

Beijing Changjiu Logistics's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=617.223-2412.778+0.75 * 1224.9+0.5 * 125.77
=-814

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Beijing Changjiu Logistics Change In Receivables Related Terms

Thank you for viewing the detailed overview of Beijing Changjiu Logistics's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Changjiu Logistics (SHSE:603569) Business Description

Traded in Other Exchanges
N/A
Address
Dongsanhuan North Road, 7th Floor, Block B, Jiacheng Plaza, No. 18 Xiaguangli, Chaoyang District, Beijing, CHN, 101300
Beijing Changjiu Logistics Corp provides logistics, warehousing, and distribution services. It also provides automotive logistics planning, inbound logistics, outbound logistics, second-car logistics for finished-vehicles and parts to OEMs and dealers and other related services to passenger and commercial vehicles, used cars, and auto parts. Its services include vehicle, used car, parts, pre-production, after-sale, and international logistics; and warehousing.
Executives
Li Wan Jun Supervisors

Beijing Changjiu Logistics (SHSE:603569) Headlines

No Headlines